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Fincash » Mutual Funds » IDFC Tax Advantage ELSS Fund

IDFC Tax Advantage (ELSS) Fund - G

NAV  ₹149.86 ↓ -0.81  (-0.54 %) as on 8 Nov 24

Scheme Objective

The investment objective of the Scheme is to seek to generate long term capital growth from a diversified portfolio of predominantly equity and equity related securities. There can be no assurance that the investment objective of the scheme will be realised.

IDFC Tax Advantage (ELSS) Fund is a Equity - ELSS fund launched on 26 Dec 08. It is a fund with Moderately High risk and has given a CAGR return of 18.6% since its launch.  Ranked 3 in ELSS category.  Return for 2023 was 28.3% , 2022 was 4.2% and 2021 was 49.2% .

Below is the key information for IDFC Tax Advantage (ELSS) Fund

NAV as on 8 Nov 24₹149.86 ↓ -0.81  (-0.54 %)
Net Assets (AUM) as on 30 Sep 2024 ₹7,354 Cr.
Launch Date26 Dec 2008
CategoryEquity - ELSS
Rating
TypeOpen Ended Fund
RiskModerately High
AMCIDFC Asset Management Company Limited
Alpha Ratio0.0
Expense Ratio1.79 %
Sharpe Ratio2.318
Information Ratio0.0
BenchmarkNot Available
Min Investment ₹500
Min SIP Investment ₹500
Exit Load NIL

Returns

Annual Compounded Returns

Returns up to 1 year are on absolute basis & more than 1 year are on CAGR (Compound Annual Growth Rate) basis. as on 8 Nov 24

DurationReturns
1 Month -3.7%
3 Month -1.1%
6 Month 7.6%
1 Year 26.7%
3 Year 14.3%
5 Year 22.6%
10 Year
15 Year
Since launch 18.6%

Historical Annual Returns

Historical performance (Yearly) on absolute basis

YearReturns
2023 28.3%
2022 4.2%
2021 49.2%
2020 18.7%
2019 1.9%
2018 -9.4%
2017 53.4%
2016 0.4%
2015 6.9%

Growth of 10k Over Years

DateValue
31 Oct 19₹10,000
31 Oct 20₹9,943
31 Oct 21₹17,916
31 Oct 22₹18,751
31 Oct 23₹21,358
31 Oct 24₹27,692

Asset Allocation

Asset ClassValue
Cash2.19%
Equity97.81%

Sector Allocation

SectorValue
Financial Services25.54%
Consumer Cyclical11.4%
Technology10.94%
Industrials9.51%
Health Care9.48%
Basic Materials8.77%
Consumer Defensive8.68%
Energy5.71%
Communication Services3.38%
Utility2.86%
Real Estate1.53%

Top Securities Holdings / Portfolio

Holdings/Securities

NameGlobal IndustryHoldingValueQuantity
HDFC Bank Ltd (Financial Services)
Equity, Since 30 Sep 14 | 500180
Banks - Regional6%₹401 Cr2,450,000
↑ 50,000
ICICI Bank Ltd (Financial Services)
Equity, Since 31 May 16 | 532174
Banks - Regional5%₹369 Cr3,000,000
Reliance Industries Ltd (Energy)
Equity, Since 31 Jul 18 | 500325
Oil & Gas Refining & Marketing5%₹355 Cr1,175,000
↑ 25,000
Infosys Ltd (Technology)
Equity, Since 31 Jul 15 | 500209
Information Technology Services4%₹272 Cr1,400,000
Axis Bank Ltd (Financial Services)
Equity, Since 30 Apr 21 | 532215
Banks - Regional4%₹270 Cr2,300,000
Bharti Airtel Ltd (Communication Services)
Equity, Since 31 Jan 20 | 532454
Telecom Services3%₹191 Cr1,200,000
NTPC Ltd (Utilities)
Equity, Since 30 Sep 22 | 532555
Utilities - Regulated Electric2%₹166 Cr4,000,000
Cipla Ltd (Healthcare)
Equity, Since 30 Sep 20 | 500087
Drug Manufacturers - General2%₹149 Cr900,000
CG Power & Industrial Solutions Ltd (Industrials)
Equity, Since 31 Aug 17 | 500093
Electrical Equipment & Parts2%₹146 Cr2,100,000
Jindal Steel & Power Ltd (Basic Materials)
Equity, Since 31 Mar 18 | JINDALSTEL
Steel2%₹146 Cr1,500,000
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Fund Managers

NameSinceTenure
Daylynn Pinto20 Oct 167.95 Yr.
Ritika Behera7 Oct 230.99 Yr.
Gaurav Satra10 Jun 240.31 Yr.

Custodians

CompanyAddress
Deutsche Bank AGDeutsche Bank AG,Kodak House, 22, D.N. Road,

Registrar & Transfer Agent

Computer Age Management Services Ltd
AddressNew No.10, Old No.178,,Kodambakkam High Road,,Opp. Hotel Palmgrove,,Nungambakkam
FAX91-44-28283610
Emailenq_L@camsonline.com

Administrator Companies

CompanyAddress
Bandhan Asset Management Company LimitedBandhan Asset Management Company Limited,6th Floor, 841, One World Center,Jupiter Mill, Senapati Bapat Marg, Elphinstone Road (West), Mumbai

Auditors

CompanyAddress
Deloitte Haskins & Sells LLP12, Dr. Annie Besant Road, Opp. Shiv Sagar Estate,,Worli

All Plan & Options

Fund and PlanNAV6 Month1 Year3 Year5 Year
IDFC Tax Advantage (ELSS) Fund
Growth
₹149.86
↓ -0.81
7.65 %26.7 %14.31 %22.6 %
IDFC Tax Advantage (ELSS) Fund
Normal Dividend, Payout
₹34.723
↓ -0.19
7.65 %26.11 %13.96 %22.32 %
Data as on 8 Nov 24

Disclaimer:
All efforts have been made to ensure the information provided here is accurate. However, no guarantees are made regarding correctness of data.